BRIEF

on Northern Dynasty Minerals Ltd. (NASDAQ:NAK)

Two Alaska Native Village Corporations Sue to Stop EPA's Pebble Project Veto

Stock price chart of Northern Dynasty Minerals Ltd. (EBR:NAK) showing fluctuations.

VANCOUVER, BC / ACCESSWIRE / June 26, 2024 / Northern Dynasty Minerals Ltd. (TSX:NDM)(NYSE American:NAK) reported that Iliamna Natives Limited (INL) and Alaska Peninsula Corporation (APC), two Alaska Native Village corporations, have filed a lawsuit against the Environmental Protection Agency (EPA). They argue that the EPA exceeded its authority with the veto action against the Pebble Project.

John Shively, CEO of Pebble Limited Partnership, stated that the Pebble Project would bring jobs, economic activity, and revenue, offering significant benefits to the local communities. He claimed that the EPA neglected the views of these communities.

Ron Thiessen, President and CEO of Northern Dynasty, emphasized the local support for the project, expressing that the EPA's veto robs these communities of a brighter future. He highlighted findings from the U.S. Army Corp of Engineers, which describe substantial benefits of the Pebble Project.

R. P.

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